Saudi Arabia-headquartered foodtech, Calo raised $25 million in its Series B funding round, led by Nuwa Capita ..Read More

Saudi Arabia-headquartered foodtech, Calo raised $25 million in its Series B funding round, led by Nuwa Capital with participation from STV, Khwarizmi Ventures, and regional family offices. Founded in Bahrain in 2019 by Ahmed Alraw and Moayed Almoayed, Calo provides personalised meal subscriptions for health-conscious customers. The company, which operates across Saudi Arabia, UAE, Bahrain, Qatar, and Kuwait, has raised a total of $26 million to date, with previous backing from Vision Ventures, 500 Startups, Savour Ventures, Nama Ventures, and other angel investors.
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• Foodtech

Saudi Arabia-based edtech, YNMO secured $5 million in investment, led by Wa’ed Ventures, with participation ..Read More

Saudi Arabia-based edtech, YNMO secured $5 million in investment, led by Wa’ed Ventures, with participation from Qatar Development Bank (QDB) and Nour Nouf Ventures. Previously, in 2021, Wa’ed had invested $500,000 in the company. Founded in 2017 by Fahad Al-Nemary, Abdullah Murad, and Faisal Al-Nemary, YNMO specialises in educational and rehabilitative technology, providing data-driven, tailored solutions to empower children of all abilities.
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• Edtech

Saudi Arabia-based AI infrastructure provider OmniOps secured $8 million in funding from GMS Capital Ventures. ..Read More

Saudi Arabia-based AI infrastructure provider OmniOps secured $8 million in funding from GMS Capital Ventures. Founded in 2024 by Mohammed Altassan, OmniOps delivers cloud and high-performance computing (HPC) solutions to support businesses with scalable infrastructure. The investment enabled OmniOps to scale operations, enhance R&D, and advance AI infrastructure in Saudi Arabia.
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• Information Technology

Saudi Arabia-based services platform, Abikhdmh raised $800,000 in a seed round, backed by a group of undisclos ..Read More

Saudi Arabia-based services platform, Abikhdmh raised $800,000 in a seed round, backed by a group of undisclosed investors. The funding was intended to enhance the platform's ability to deliver innovative e-transaction services and expand into new areas to meet the growing needs of its users.
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• Service

Saudi Arabia-based edtech AlGooru raised $4 million in a pre-Series A funding round through a combination of d ..Read More

Saudi Arabia-based edtech AlGooru raised $4 million in a pre-Series A funding round through a combination of debt and equity financing. The round was led by Constructor Capital, with participation from Hub71, angel investors, and family offices. The funds were allocated to expanding AlGooru’s operations in KSA, with a focus on offline tutoring, advancing its AI-driven technologies, and entering new verticals through strategic partnerships, which are set to be announced in 2025.
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• Edtech

Saudi Venture Capital (SVC) invested in Aliph Fund I, a growth-focused private equity fund managed by GCC-base ..Read More

Saudi Venture Capital (SVC) invested in Aliph Fund I, a growth-focused private equity fund managed by GCC-based Aliph Capital. The fund targets mid-market companies across Saudi Arabia and the GCC, emphasizing value creation and technology-driven transformation through its active ownership approach.
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• Private Equity

Grintafy, a Saudi Arabia-based sportstech company, secured an undisclosed investment from Adaverse. Founded in ..Read More

Grintafy, a Saudi Arabia-based sportstech company, secured an undisclosed investment from Adaverse. Founded in 2019 by Majdi Allulu, Grintafy is a football talent discovery platform catering to prominent football groups in the Middle East and Europe. The funding will support Grintafy in accelerating its Web3 transformation. This investment followed prior backing from Chiliz in March 2024 and a $2.1 million bridge round in 2022, led by Aramco's venture capital arm, Wa'ed, along with other investors.
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• Sportstech

Saudi-based sports platform Koora Break secured a multi-million-dollar investment from Rio Ferdinand’s sport ..Read More

Saudi-based sports platform Koora Break secured a multi-million-dollar investment from Rio Ferdinand’s sports and entertainment investment firm, The Ferdinand Group (TFG), which acquired a minority stake in the company. The funding will support Koora Break’s expansion into European and Asian markets, offering its sports network services in both Arabic and English.
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• Sports